Understanding Your Financial Situation

This section should provide information on how to evaluate your current financial situation and determine if refinancing is a good option for you. It should cover factors such as credit score, income, and debt-to-income ratio.

Introduction to Evaluating Your Financial Situation:

This section should provide an overview of the importance of evaluating your current financial situation before deciding to refinance and how it affects your ability to obtain a new mortgage loan.

Credit Score:

This section should explain the role of credit score in the refinancing process and how to determine your current credit score. It should also provide information on how to improve your credit score if needed.

Income:

This section should explain how to assess your current income and how it impacts your ability to make monthly mortgage payments and refinance your home.

Debt-to-Income Ratio:

This section should explain the importance of your debt-to-income (DTI) ratio in the refinancing process and how to calculate it. It should also provide information on how lenders use DTI to determine loan approval and how to improve your DTI if needed.

Understanding Your Financial Situation Resources!

Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…

Looking For Something Else?

What do you want to know? We are always adding new free & exciting resources for you to use!

Stay Up To Date with Today’s Latest Rates

ï„‘

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

ï„‘

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

ï„‘

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

ï„‘

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN